AT&T Reaches Deal To Carry Pac-12 TV Network Channels - Quick Facts

9/7/2013 8:45 PM ET

AT&T Inc. (T) said that under an agreement reached on Saturday with the Pac-12 Conference, it will carry three Pac-12 television networks and also be the exclusive wireless provider for Pac-12 athletic venues. AT&T U-verse will carry the Pac-12 Network, Pac-12 Bay Area and Pac-12 Los Angeles channels.

AT&T noted that U-verse TV subscribers across the U.S. will have access to the more than 700 remaining live Pac-12 events of the 2013-14 season on Pac-12 Networks. This includes 31 football games, 250 men's and women's basketball games, and hundreds of other sports, including baseball, soccer, gymnastics and more. Starting next year, Pac-12 Networks will increase its coverage to 850 events.

Also under the deal, AT&T will provide the Pac-12 with a package of wireless and wireline communications services, from high speed Internet access to network integration. The sponsorship agreement also includes marketing rights at all athletic events including Pac-12 championships.

British lender Lloyds Banking Group Plc. Friday reported higher profit in its first half, benefited by increased net interest income and margin as well as lower impairment. Looking ahead, the company lifted its net interest margin forecast.

Electronic Arts Inc. (EA) on Thursday reported an increase in profit for the first quarter, reflecting continued strong digital revenues, with both earnings and revenues topping Wall Street estimates. However, shares of the company fell over 4 percent, after having detailed a weak outlook.
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